Unified Threat Management Market: Current Analysis and Forecast (2022-2028)
Description
Unified Threat Management Market: Current Analysis and Forecast (2022-2028)
Unified Threat Management (UTM) stands for Information Security System (Infosec) which provides a single point of protection against threats such as viruses, worms, spyware, other malware, and network attacks. It integrates security, performance, management, and compliance features into a single installation, making it easier for administrators to manage their networks. The growing adoption of unified threat management is uplifting on account of increasing requirements of threat management solutions in organizations around the world. Furthermore, a growing number of cyber-attacks around the world are also expected to drive the market, coupled with growing investment the cyber security is expected to drive the market during the forecast period. For instance, according to embroker, global cumulative spending on cyber security products exceeded $1 trillion over the five years 2017-2021 worldwide.
The Unified Threat Management Market is expected to grow at a steady rate of around 13% owing to the growing number of data breaches.
Unified Threat Management (UTM) stands for Information Security System (Infosec) which provides a single point of protection against threats such as viruses, worms, spyware, other malware, and network attacks. It integrates security, performance, management, and compliance features into a single installation, making it easier for administrators to manage their networks. The growing adoption of unified threat management is uplifting on account of increasing requirements of threat management solutions in organizations around the world. Furthermore, a growing number of cyber-attacks around the world are also expected to drive the market, coupled with growing investment the cyber security is expected to drive the market during the forecast period. For instance, according to embroker, global cumulative spending on cyber security products exceeded $1 trillion over the five years 2017-2021 worldwide.
The Unified Threat Management Market is expected to grow at a steady rate of around 13% owing to the growing number of data breaches.
- Based on the appliance, the market is categorized into hardware, software, and virtual. The hardware segment is expected to with a significant market share during the forecast period. The growth is mainly attributed to the growing adoption of UTM devices in different organizations. Furthermore, the growing technological advancements in the UTM hardware and growing investment is expected to drive the market during the forecast period.
- On the basis of service, the market is segmented into consulting, support and maintenance, and managed UTM. The support and & maintenance segment is expected to grow with a significant CAGR during the forecast period. This is mainly due to the growing demand for experienced well-trained technicians and elevating need for third-party support and maintenance. Furthermore, the growing demand for consulting services for the protection of significant is also expected to propel the market during the forecast period.
- Based on deployment, the market is segmented into cloud and on-premises. The cloud segment is expected to grow significantly during the forecast period. This is mainly due to the growing advancements in cloud technology coupled with the growing trend of cloud deployment of web applications around the world. Furthermore, cloud deployment is cheaper and more secure which attracts organizations around the world for there application deployment.
- Based on end-use, the market is segmented into BFSI, government, healthcare, retail, manufacturing telecom and IT, and others. Telecom & its segment is expected to lead the unified threat management market during the forecast period. The growth is owed to the increasing use of digital information gathering protocol is expected to drive the market. Furthermore, the growing need for managed IT services for infrastructure management and cyber security is expected significantly propel the market.
- For a better understanding of the market adoption of the unified threat management industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is expected to lead the unified threat management market. The growing adoption in the region is mainly attributed to the growing cloud security in the region. Furthermore, the presence of key players in the region who invests heavily in the research and development of unified threat management services. Furthermore, the increasing number of SME’s in North America region is expected to propel the market in the region.
- Some of the major players operating in the market include Barracuda Networks Inc, Check Point Software Technologies Ltd, Cisco Systems Inc, Comodo Security Solutions Inc, SonicWall, Fortinet inc, Hillstone Networks, IBM Corporation, Intel Corporation, and Sophos Ltd.
Table of Contents
167 Pages
- 1 MARKET INTRODUCTION
- 1.1. Market Definitions
- 1.2. Main Objective
- 1.3. Stakeholders
- 1.4. Limitation
- 2 RESEARCH METHODOLOGY OR ASSUMPTION
- 2.1. Research Process of the Unified threat management Market
- 2.2. Research Methodology of the Unified threat management Market
- 2.3. Respondent Profile
- 3 MARKET SYNOPSIS
- 4 EXECUTIVE SUMMARY
- 5 IMPACT OF COVID-19 ON THE UNIFIED THREAT MANAGEMENT MARKET
- 6 UNIFIED THREAT MANAGEMENT MARKET REVENUE, 2020-2028F
- 7 MARKET INSIGHTS BY APPLIANCE
- 7.1. Hardware
- 7.2. Software
- 7.3. Virtual
- 8 MARKET INSIGHTS BY SERVICE
- 8.1. Consulting
- 8.2. Support and maintenance
- 8.3. Managed UTM
- 9 MARKET INSIGHTS BY DEPLOYMENT
- 9.1. On-Premises
- 9.2. Cloud
- 10 MARKET INSIGHTS BY END-USER
- 10.1. BFSI
- 10.2. Government
- 10.3. Healthcare
- 10.4. Retail
- 10.5. Manufacturing
- 10.6. Telecom And IT
- 10.7. Others
- 11 MARKET INSIGHTS BY REGION
- 11.1. North America
- 11.1.1. U.S.
- 11.1.2. Canada
- 11.1.3. Rest of North America
- 11.2. Europe
- 11.2.1. Germany
- 11.2.2. U.K.
- 11.2.3. France
- 11.2.4. Italy
- 11.2.5. Spain
- 11.2.6. Rest of Europe
- 11.3. Asia-Pacific
- 11.3.1. China
- 11.3.2. Japan
- 11.3.3. India
- 11.3.4. Rest of Asia-Pacific
- 11.4. Rest of World
- 12 UNIFIED THREAT MANAGEMENT MARKET DYNAMICS
- 12.1. Market Drivers
- 12.2. Market Challenges
- 12.3. Impact Analysis
- 13 UNIFIED THREAT MANAGEMENT MARKET OPPORTUNITIES
- 14 UNIFIED THREAT MANAGEMENT MARKET TRENDS
- 15 DEMAND AND SUPPLY-SIDE ANALYSIS
- 15.1. Demand Side Analysis
- 15.2. Supply Side Analysis
- 16 VALUE CHAIN ANALYSIS
- 17 COMPETITIVE SCENARIO
- 17.1. Competitive Landscape
- 17.1.1. Porters Five Forces Analysis
- 18 COMPANY PROFILED
- 18.1. Barracuda Networks Inc
- 18.2. Check Point Software Technologies Ltd
- 18.3. Cisco Systems Inc
- 18.4. Comodo Security Solutions Inc
- 18.5. SonicWall
- 18.6. Fortinet, Inc
- 18.7. Hillstone Networks
- 18.8. IBM Corporation
- 18.9. Intel Corporation
- 18.10. Sophos Ltd.
- 19 DISCLAIMER
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